TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Sprott Inc. ("Sprott" or the "Company") (NYSE/TSX: SII) announced today that its Board of Directors has declared a second quarter 2024 dividend of US$0.25 per common share, payable on September 3, 2024 to shareholders of record at the close of business on August 19, 2024. Registered shareholders who are residents of Canada as reflected in the Company's shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a br ...

Investment Thesis - Uranium and gold are expected to perform well in the second half of 2024 due to under-investment in uranium and high demand for gold driven by political uncertainty and inflation concerns [4] - Sprott Inc. is positioned to capitalize on these trends with over $31.2 billion in assets under management (AUM) and a focus on bullion and commodities [4][5] - The company generates revenue primarily through management fees, averaging about 0.50% per annum [4] Fund Exposure - Gold constitutes approximately 45% of Sprott's portfolio, with $10 billion in AUM in their physical gold fund [5] - Uranium accounts for 28% of the portfolio, with Sprott's Physical Uranium Trust being a key investment vehicle [5] - Physical silver makes up 26% of the portfolio, with additional marginal positions in other commodities [5] The Case For Uranium - The uranium market is facing a supply-demand imbalance, with estimates indicating that mines needed to meet 20-25% of demand by 2030 have not yet been developed [6] - Historical under-investment in uranium mining has led to a tight market, with significant demand growth expected from countries pledging to increase nuclear energy capacity [7][8] - Kazatomprom, a major uranium producer, is facing production challenges, further tightening supply [8] The Case For Gold & Silver - Gold has gained 15% year-to-date, reaching an all-time high of approximately $2,480 per ounce, driven by inflation fears and political instability [9][12] - Central banks, particularly the Chinese central bank, are increasing their gold purchases, enhancing demand [9] - Silver is highlighted as an attractive alternative due to its industrial demand and lower price point compared to gold [13] Sprott's Leverage - Sprott benefits from operational leverage, where increases in fund values lead to significant revenue growth without a corresponding rise in costs [14] - For example, a 20% increase in gold prices could lead to a 20% increase in revenue from Sprott's Physical Gold Fund, while costs remain stable [14] Track Record - Sprott has demonstrated strong growth in AUM, with a compound annual growth rate (CAGR) of nearly 45% from Q1 2020 to Q4 2023 [16] - The ETF segment is growing even faster, with a 150% CAGR between 2022 and 2023, particularly in uranium-focused funds [16] Financials - Sprott's financials show a widening gap between revenue growth and expense growth, indicating strong profitability potential as commodity markets improve [17] - The company maintains a clean balance sheet with minimal liabilities and significant current assets [18] Valuation - Sprott is currently trading at a P/E of 25, with potential for significant upside if gold, silver, and uranium prices appreciate [19] - Various scenarios indicate that under favorable market conditions, Sprott could see substantial increases in net income and share price [19][20] Conclusion - Sprott presents a compelling investment opportunity, particularly in the context of rising gold and uranium markets [21] - The company is well-positioned to leverage its assets and capitalize on the growing demand for these commodities [21]

TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE:SII) (TSX:SII) ("Sprott") announced today that it plans to release its second quarter results at 7:00 a.m. on August 7, 2024. Sprott will host an earnings webcast that morning at 10:00 a.m. to discuss the results. Sprott CEO, Whitney George, together with Sprott CFO, Kevin Hibbert and Sprott Asset Management CEO, John Ciampaglia, will host the webcast, which can be accessed as outlined below. | --- | --- | |----------------|----------------------- ...

TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE:SII) (TSX:SII) ("Sprott") announced today that it plans to release its second quarter results at 7:00 a.m. on August 7, 2024. Sprott will host an earnings webcast that morning at 10:00 a.m. to discuss the results. Sprott CEO, Whitney George, together with Sprott CFO, Kevin Hibbert and Sprott Asset Management CEO, John Ciampaglia, will host the webcast, which can be accessed as outlined below. | --- | --- | |----------------|----------------------- ...

Core Viewpoint - Eric Sprott has increased his holdings in Jaguar Mining Inc. through the acquisition of additional shares, reflecting a long-term investment strategy [2][3][5]. Summary by Sections Share Acquisition Details - Eric Sprott, through 2176423 Ontario Ltd., purchased 750,000 common shares of Jaguar Mining Inc. at an average price of approximately $3.50 per share, totaling around $2,625,000 [3]. - Prior to this acquisition, Sprott owned 36,358,711 shares, representing approximately 46.0% of the outstanding shares. Post-acquisition, his ownership increased to 37,108,711 shares, or approximately 46.9% [2]. Investment Intent - The shares were acquired for investment purposes, with Sprott indicating a long-term view and the potential for future acquisitions or dispositions depending on market conditions [5]. Regulatory Compliance - The acquisition was made under the normal course purchase exemption from formal takeover bid requirements, ensuring that the shares do not exceed 5% of the outstanding shares and comply with relevant regulations [7].

. ● . Eric Sprott Announces Changes to His Holdings in Freegold Ventures Limited July 18, 2024 6:04 PM EDT | Source: Eric Sprott Toronto, Ontario--(Newsfile Corp. - July 18, 2024) - Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 770,000 common shares (Shares) of Freegold Ventures Limited., over the Toronto Stock Exchange (representing approximately 0.2% of the outstanding shares on non-diluted basis) at an average price of approximately $0 ...

Summary of Key Points Core Viewpoint - Eric Sprott has made changes to his holdings in Lavras Gold Corp, reducing his ownership percentage following the sale of shares [2]. Group 1: Changes in Holdings - Prior to the sale, Mr. Sprott owned 7,589,300 shares, representing approximately 14.8% of the outstanding shares on a non-diluted basis [1]. - After the sale of 193,900 shares, Mr. Sprott now owns 7,395,400 shares, which is about 14.4% of the outstanding shares on a non-diluted basis [1][2]. - The sale of shares resulted in a decrease in holdings of approximately 2.2% on a partially diluted basis since the last filing [1]. Group 2: Transaction Details - The shares were sold at a price of $2.0754 per share, resulting in total proceeds of $402,420.06 [2]. - The shares sold represent approximately 0.4% of the outstanding shares on a non-diluted basis [2]. Group 3: Future Intentions - Mr. Sprott maintains a long-term view of his investment and may consider acquiring additional securities or selling existing ones based on market conditions and other relevant factors [3].

MONTRÉAL, July 09, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) ("CDPR" or the "Corporation") is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 (the "Offering"). CDPR issued 32,980,000 units of the Corporation ("Units") at a price of $0.10 per Unit, each consisting of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warran ...

Core Viewpoint - Cerro de Pasco Resources Inc. has successfully closed a non-brokered private placement, raising total gross proceeds of $3,298,000 to fund drilling activities and general working capital for the Quiulacocha Tailings Project in Peru [17][4]. Group 1: Funding and Investment - The company issued 32,980,000 units at a price of $0.10 per unit, each consisting of one common share and one common share purchase warrant [17]. - Eric Sprott, a new insider, acquired 20,000,000 units and now holds approximately 9.0% of the outstanding common shares on a non-diluted basis and 13.3% on a partially diluted basis [3]. - The net proceeds from the offering will be allocated for drilling and general working capital [4]. Group 2: Project Details - The Quiulacocha Tailings Project is located in Peru and is part of the El Metalurgista mining concession, which allows the company to explore and exploit the tailings [5]. - The tailings contain an estimated 458 million ounces of silver equivalent across various metals, including silver, zinc, copper, lead, and gold [13]. - The Quiulacocha Tailings Storage Facility is estimated to hold approximately 75 million tonnes of processed material from mining activities conducted from the 1920s to the 1990s [18]. Group 3: Environmental and Economic Impact - The Quiulacocha Project aims to reprocess mining waste, contributing to environmental remediation and creating employment opportunities in the local community [19]. - The project is positioned as a key mining initiative in Peru, promising both economic benefits and environmental restoration [19].

:3,300,7 TB y CD and 18. 0.7.7.7 CINNERS. p 8 STATIONAL E ON A STANDA E THE LED 792 1951 2 STAR 35 0000 ine Gold 000-0 ?OO & 0000001 rug Jul sun Feb Graph 2 8% FIF :11 TE c t 2.1.20 CHANGE IN CISIMEXA 0 TSAL TX BE THE THE FEATURE THE FEATURE THE FORM THE n 1 n 01 11 1 and THE LED THE LED pen 1951 2 STAR 8000 ine Gold 000-0 500 s 0000001 rug 301 yun Feb Graph 2 8% nt=2 Ernest Hoffman Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadca ...